Liontown Resources Ltd traded at 1.50 this Monday March 9th, decreasing 0.06 or 3.85 percent since the previous trading session. Looking back, over the last four weeks, Liontown Resources lost 14.04 percent. Over the last 12 months, its price rose by 143.90 percent. Looking ahead, we forecast Liontown Resources Ltd to be priced at 1.53 by the end of this quarter and at 1.43 in one year, according to Trading Economics global macro models projections and analysts expectations.
Liontown Resources Ltd is an Australia-based battery minerals producer. The Company controls two major hard rock lithium deposits. The Company''s projects include Kathleen Valley Project and Buldania Project. The Kathleen Valley Project is located in an established mining region about 60 kilometers north of Leinster and 680 kilometers north-east of Perth, Western Australia. The Kathleen Valley Lithium Project is a Tier-1 battery metals asset with excellent grade and scale in one of world''s best mining districts. The Buldania Project is in the Eastern Goldfields Province of Western Australia, approximately 600 kilometers east of Perth. The Project is close to major road and rail infrastructure with direct access to the Port of Esperance 200 kilometers to the south. The Company''s downstream expansion project includes investigating the potential for an integrated refinery to upgrade its spodumene from the Kathleen Valley mine to higher value lithium products.